Change in Asset Grouping to Data Center-Level Units and Impairment Loss
First written in FY2018-Q3. 1 of 4 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024No material impairment loss for the full yearAnnual report
「Consolidated fiscal year No material impairment loss occurred.」
It was stated that, while an impairment loss on data centers was recognized in the previous fiscal year, no material impairment loss occurred in the current fiscal year. - FY2023Recognition of an impairment loss on data centersAnnual report
「During the consolidated fiscal year, the Company recognized an impairment loss on certain data center assets after evaluating their future earnings outlook.」
An impairment loss of ¥1,088 million was recognized on certain data center assets in Itabashi-ku, Tokyo. - FY2018RestatedAnnual report
「Previously, for management accounting purposes, the Company’s segments and asset groupings were based primarily on business units. However, as the role of data centers has changed, managing them individually by data center provides a more accurate picture of economic realities, and data centers account for a significant proportion of the Company’s assets. Accordingly, the management accounting segments have been changed to units consisting of individual data centers carved out from the business units.」
The change in the asset grouping method, based on changes in the role of data centers and the asset structure, was reconfirmed for the full year. The impairment charge was ¥2,446 million, while the impairment loss for the consolidated fiscal year was stated as ¥2,575 million. - FY2018-Q3First statedAnnual report
「Previously, for management accounting purposes, the Company’s segments and asset groupings were based primarily on business units. However, as the role of data centers has changed, managing them individually by data center provides a more accurate picture of economic realities, and data centers account for a significant proportion of the Company’s assets. Accordingly, the management accounting segments have been changed to units consisting of individual data centers carved out from the business units. In line with this change, beginning in the third-quarter consolidated accounting period, the method of grouping assets has been changed so that certain material data centers are carved out from the business units. As a result of reviewing impairment under this method, the Company recognized an impairment loss of ¥2,381 million as an extraordinary loss, reducing profit before income taxes and other adjustments by the same amount.」
In light of changes in the role of data centers and the asset structure, asset groupings were changed from business units to certain material data centers. Following an impairment review under the new method, an impairment loss of ¥2,381 million was recognized.